# Shovels funding: rounds and investors

> Shovels has raised $5.0M across 1 round since 2025. Investors include K Fund and Base10 Partners. Every round with its source.

Source: https://millionrounds.com/company/shovels (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Shovels*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$5.0M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $5.0M Jun 2025
- **Investors:** 2

See who backed them

## The rounds

- **Jun 2025** Seed **$5.0M** [K Fund](https://millionrounds.com/fund/kfund) [Base10 Partners](https://millionrounds.com/fund/base10-partners) Also list them on their own site [Virta Ventures](https://millionrounds.com/fund/virta-ventures) Source recorded

## Everyone who backed them

[K Fund](https://millionrounds.com/fund/kfund) VC firm **1** round

[Base10 Partners](https://millionrounds.com/fund/base10-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=shovels).

## Also claim to have backed them

These 2 firms list Shovels as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Virta Ventures](https://millionrounds.com/fund/virta-ventures) VC firm Seed, per its site

[Cool Climate Collective](https://millionrounds.com/fund/cool-climate-collective) Angel network Per its own site

## Quick answers about Shovels

### Who invested in Shovels?

Shovels's investors include K Fund and Base10 Partners.

### How much has Shovels raised?

Shovels has raised $5.0M across 1 round since 2025.

### When did Shovels last raise?

Shovels's most recent round was a Seed of $5.0M in Jun 2025.

### What was Shovels's biggest round?

Its most recent round, $5.0M in Jun 2025, is also its largest on record.

### Who backed Shovels first?

Shovels's first round on record, in Jun 2025, was backed by K Fund and Base10 Partners.

### What stage is Shovels at?

Shovels's latest named round is a Seed, in Jun 2025.

### Where is Shovels based?

Shovels is based in the United States.

## Companies like Shovels

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)

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